layoffs

Uber is cutting 3,000 more jobs less than two weeks after an initial round of layoffs, CNBC confirmed. In an email to employees Monday, CEO Dara Khosrowshahi said Uber would also be shutting or consolidating 45 offices around the world and it is considering cuts to other businesses, like freight. Uber shares were up about 9% on the news, which was…

Consumer spending tumbled a record 16.4% in April as the backbone of the U.S. economy retrenched amid the coronavirus pandemic, according to a government report Friday.

For the more than 33.5 million Americans who’ve filed for unemployment since mid-March, the stress of living during the pandemic includes dealing with theadditional stress of job loss. Even in the most normal of circumstances, “involuntary job loss is one of the most stressful events on the scale of stressful life events,” says Monique Valcour, an executive coach, keynote speaker and management professor. With millions...

Call it realism or pessimism, but more U.S. employers seem to be recognizing a growing possibility: That many, if not most, of the employees they’ve had to lay off in the face of the coronavirus pandemic may not be returning to their old jobs anytime soon

Airbnb plans to lay off nearly 1,900 employees, or about 25% of the company, a person familiar with the plans confirmed to CNBC.

The National Rifle Association has been cutting staff and salaries amid the coronavirus pandemic

If you’ve recently been laid off from your job or are worried you could be, you may be wondering if you’re entitled to a severance package, what it covers and if you’ll be able to negotiate certain elements of it. Getting clarity around what will happen to your pay, insurance coverage and other benefits can help you bridge the gap...

Tens of thousands of U.S. medical workers are suddenly out of work as casualties of measures to prioritize coronavirus patients at hospitals and of the economic troubles the crisis is creating.

The biggest U.S. mall owner, Simon Property Group, has furloughed about 30% of its workforce, CNBC has learned, as the company copes with all of its properties being temporarily shut because of the coronavirus pandemic. The furloughs impact full- and part-time workers, at its Indianapolis headquarters and at its malls and outlet centers across the U.S., a person familiar with the situation...

If you find yourself out of a job due the coronavirus crisis, money may be tight, but it’s especially important now to try to make sure you have health insurance. There are different rules that apply when it comes to maintaining health coverage, depending on whether you’re furloughed — let go temporarily — or you’re terminated through a layoff....

Hundreds of teachers’ jobs may be on the line as one major East Bay school district grapples with millions of dollars in budget cuts. Pete Suratos reports.

Dozens of Lyft employees will lose their jobs in what the San Francisco-based ride-hailing company is calling a corporate restructuring, according to a report in the New York Times.